Conntact.com - CT Business News Journal

MONROE, Conn.--(BUSINESS WIRE)--Osman Perksoy's appointment to Telenity as Vice President of Product Management and Marketing will drive growth and technology leadership as new innovative products are brought to mobile market.

NORWALK, Conn.--(BUSINESS WIRE)--The Multiple Myeloma Research Consortium (MMRC) today presented compelling new results highlighting its success in accelerating the completion of clinical trials and the development of treatments for multiple myeloma, an incurable, but treatable blood cancer. In an oral presentation entitled, “The Multiple Myeloma Research Consortium (MMRC): Accelerated Start Up and Accrual Metrics Speeds Drug Development,” the MMRC unveiled data demonstrating improvements in tri

NEW HAVEN, Conn.--(BUSINESS WIRE)--Rib-X reports positive top-line results from Phase 2b delafloxacin trial in ABSSSI, including infections caused by MRSA; achieves statistical superiority over vancomycin in primary endpoint.

BLOOMFIELD, Conn.--(BUSINESS WIRE)--The Cigna Foundation has awarded Operation Music Aid a $10,000 grant to support its mission to bring musical instruments to America’s wounded soldiers.

AVON, Conn.--(BUSINESS WIRE)--Magellan Health Services Inc. (NASDAQ: MGLN) today announced that, for 2012, it expects to generate net revenue in the range of $3.2 billion to $3.4 billion, and net income in the range of $91 million to $109 million, which translates into diluted earnings per share in the range of $3.25 to $3.89. The company also expects segment profit (which represents income from continuing operations before stock compensation expense, depreciation and amortization, interest expe

CHESHIRE, Conn.--(BUSINESS WIRE)--Alexion Pharmaceuticals today announced the presentation of new data that underscore the severity of PNH, a debilitating, ultra-rare and life-threatening blood disorder.

STAMFORD, Conn.--(BUSINESS WIRE)--InsightExpress, a leading marketing research and data analytics firm, today announced it is expanding its Ignite CPG research solution through a partnership with Kantar Shopcom.

GREENWICH, Conn. & SCOTTSDALE, Ariz.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals”) and RSC Holdings, Inc. (NYSE: RRR) (“RSC”) today announced that they have entered into a definitive merger agreement under which United Rentals will acquire RSC in a cash-and-stock transaction valued at $18.00 per share, or a total enterprise value of $4.2 billion, including $2.3 billion of net debt. The Boards of Directors of both companies have unanimously approved the proposed transactio

GREENWICH, Conn.--(BUSINESS WIRE)--Urstadt Biddle Properties Inc. (NYSE: UBA and UBP), a real estate investment trust, today announced its fourth quarter and full year financial results for the fiscal year ended October 31, 2011. The company also announced an increase in the quarterly dividend rates on its Class A and Common stock. Diluted funds from operations (“FFO”) for the quarter ended October 31, 2011 amounted to $7,846,000 or $0.25 per Common share and $0.28 per Class A Common share compa

DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX), and its divisions and subsidiaries (Praxair Distribution, Praxair Healthcare Services, Praxair Electronics, Praxair Canada Inc., and Praxair Puerto Rico N.V.) are notifying bulk and packaged industrial, electronics, specialty, and medical gas customers in the United States, Canada, and Puerto Rico of increases in prices effective January 1, 2012, or as contracts permit, as follows: Up to 15% for nitrogen, oxygen, argon, hydrogen, carbon

DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) is notifying bulk liquid helium customers in those regions around the world where it does business, of increases in prices up to 15% for bulk liquid helium effective January 1, 2012, or as contracts permit. Price adjustments may be higher or lower in accordance with individual contract provisions. These adjustments are being implemented in response to continuing increases in distribution, feedstock and sourcing costs; current supply/deman

TRUMBULL, Conn.--(BUSINESS WIRE)--SRS sponsors whitepaper that defines how the IPMVP guideline intersects with the ASTM Building Energy Performance Assessment (BEPA) standard methodology to confidently project energy savings.

STAMFORD, Conn.--(BUSINESS WIRE)--WWE® today announced the appointment of Andrew Judelson as Executive Vice President of Sales & Partnership Marketing

FAIRFIELD, Conn.--(BUSINESS WIRE)--Charles (Chip) Blankenship named president and CEO of GE Appliances, succeeding James P. Campbell, who has elected to retire on Dec. 31, 2011 after 30 years of service to GE.

NEW YORK--(BUSINESS WIRE)--The Leonard Vincent Group (TLVG) has opened a new office in Danielson, Conn and housing industry veteran Robert Rush will oversee the day-to-day business.

STAMFORD, Conn.--(BUSINESS WIRE)--Dinesh Paliwal, President, Chairman, and Chief Executive Officer of HARMAN (NYSE: HAR) was honored with the American India Foundation (AIF) Corporate Leadership Award at AIF’s 10th annual gala on Saturday, December 10. In its theme of “Celebrating a Decade of Impact,” the gala recognizes the outstanding leadership of individuals committed to creating long-term change and impact in India from both the subcontinent itself and the United States. Mr. Paliwal has bee

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE: CR) announces the following schedule and teleconference information for its fourth quarter 2011 earnings release: Earnings Release: January 23, 2012 after close of market by public distribution and the Crane Co. website at www.craneco.com. Teleconference: January 24, 2012 at 10:00 AM (Eastern) hosted by Eric C. Fast, President & CEO, Andrew L. Krawitt, Vice President, Principal Financial Officer and Richard E. Koch, Director of Investor Rela